Despite exempting several sectors from sanctions, the US is warning India that increased trade with Moscow will result in grave repercussions. So, Indian firms have begun the process to accept China's yuan for their exports.
The United States and its allies have levied sanctions on Russia in response to Moscow's special military operation, which began on February 24 after the republics of the Donbass region asked President Vladimir Putin for assistance in combating Kiev's atrocities.
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